Now Dividend Yield vs Income Quality Analysis

DNOW Stock

USD 11.83 0.19 1.63%

Now financial indicator trend analysis is infinitely more than just investigating Now Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Now Inc is a good investment. Please check the relationship between Now Dividend Yield and its Income Quality accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Now Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Dividend Yield vs Income Quality

Dividend Yield vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Now Inc Dividend Yield account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Now's Dividend Yield and Income Quality is -0.19. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Income Quality in the same time period over historical financial statements of Now Inc, assuming nothing else is changed. The correlation between historical values of Now's Dividend Yield and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Now Inc are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Dividend Yield i.e., Now's Dividend Yield and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Dividend Yield

Dividend Yield is Now Inc dividend as a percentage of Now stock price. Now Inc dividend yield is a measure of Now stock productivity, which can be interpreted as interest rate earned on an Now investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Now's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Now Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Now Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Now's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1.6 B in 2024, despite the fact that Tax Provision is likely to grow to (104.5 M).

	2021	2022	2023	2024 (projected)
Gross Profit	357M	506M	535M	432.1M
Total Revenue	1.6B	2.1B	2.3B	2.2B

Gross Profit Total Revenue

Now fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets
Common Stock Shares Outstanding		-0.51	0.09	-0.19	-0.5	-0.05	-0.18	0.35	0.02	-0.44	-0.46	-0.27	-0.2	-0.48	0.21	0.13	0.44	-0.42	-0.48	0.17	0.39	-0.41	-0.04	0.73	0.36	-0.46
Total Assets	-0.51		0.25	0.52	0.98	-0.1	0.57	-0.63	-0.47	0.87	0.97	0.72	0.34	0.7	-0.44	-0.21	-0.51	0.46	0.67	-0.61	-0.69	0.97	-0.21	-0.8	-0.54	0.96
Other Current Liab	0.09	0.25		0.3	0.29	-0.71	0.19	0.32	0.15	-0.01	0.28	0.4	-0.16	0.3	-0.72	-0.46	0.05	-0.46	-0.31	0.17	0.21	0.32	-0.71	-0.32	0.09	0.33
Total Current Liabilities	-0.19	0.52	0.3		0.39	0.11	0.98	-0.12	-0.45	0.42	0.36	0.49	0.82	0.01	-0.04	-0.05	0.21	0.07	0.32	-0.15	-0.11	0.63	-0.17	-0.15	0.05	0.58
Total Stockholder Equity	-0.5	0.98	0.29	0.39		-0.19	0.44	-0.6	-0.39	0.83	0.99	0.72	0.17	0.74	-0.51	-0.25	-0.58	0.4	0.61	-0.6	-0.68	0.94	-0.3	-0.86	-0.57	0.95
Other Liab	-0.05	-0.1	-0.71	0.11	-0.19		0.17	-0.21	-0.26	-0.03	-0.18	-0.18	0.47	-0.31	0.77	0.55	0.22	0.35	0.28	0.01	-0.1	-0.12	0.62	0.41	-0.04	-0.13
Accounts Payable	-0.18	0.57	0.19	0.98	0.44	0.17		-0.2	-0.49	0.49	0.42	0.48	0.84	0.02	-0.01	-0.03	0.13	0.15	0.39	-0.27	-0.19	0.68	-0.1	-0.16	-0.04	0.63
Cash	0.35	-0.63	0.32	-0.12	-0.6	-0.21	-0.2		0.69	-0.85	-0.63	-0.33	-0.33	-0.54	0.02	-0.01	0.23	-0.92	-0.86	0.53	0.99	-0.53	-0.4	0.44	0.47	-0.45
Other Assets	0.02	-0.47	0.15	-0.45	-0.39	-0.26	-0.49	0.69		-0.62	-0.38	-0.26	-0.56	-0.25	-0.26	-0.47	-0.24	-0.63	-0.75	0.49	0.66	-0.43	-0.27	0.06	-0.09	-0.32
Good Will	-0.44	0.87	-0.01	0.42	0.83	-0.03	0.49	-0.85	-0.62		0.83	0.56	0.43	0.67	-0.31	-0.19	-0.34	0.72	0.89	-0.6	-0.88	0.77	0.11	-0.63	-0.61	0.73
Inventory	-0.46	0.97	0.28	0.36	0.99	-0.18	0.42	-0.63	-0.38	0.83		0.67	0.17	0.78	-0.55	-0.31	-0.61	0.45	0.59	-0.6	-0.72	0.93	-0.23	-0.84	-0.6	0.93
Other Current Assets	-0.27	0.72	0.4	0.49	0.72	-0.18	0.48	-0.33	-0.26	0.56	0.67		0.16	0.26	-0.32	-0.29	-0.13	0.06	0.34	-0.02	-0.36	0.76	-0.5	-0.56	-0.4	0.77
Total Liab	-0.2	0.34	-0.16	0.82	0.17	0.47	0.84	-0.33	-0.56	0.43	0.17	0.16		-0.07	0.25	0.14	0.26	0.44	0.52	-0.2	-0.27	0.38	0.43	0.09	0.0	0.31
Intangible Assets	-0.48	0.7	0.3	0.01	0.74	-0.31	0.02	-0.54	-0.25	0.67	0.78	0.26	-0.07		-0.67	-0.32	-0.56	0.48	0.49	-0.45	-0.67	0.55	-0.09	-0.76	-0.52	0.55
Property Plant Equipment	0.21	-0.44	-0.72	-0.04	-0.51	0.77	-0.01	0.02	-0.26	-0.31	-0.55	-0.32	0.25	-0.67		0.81	0.5	0.09	0.07	0.08	0.16	-0.4	0.46	0.65	0.45	-0.45
Property Plant And Equipment Net	0.13	-0.21	-0.46	-0.05	-0.25	0.55	-0.03	-0.01	-0.47	-0.19	-0.31	-0.29	0.14	-0.32	0.81		0.35	0.1	0.2	-0.21	0.06	-0.23	0.3	0.42	0.55	-0.28
Current Deferred Revenue	0.44	-0.51	0.05	0.21	-0.58	0.22	0.13	0.23	-0.24	-0.34	-0.61	-0.13	0.26	-0.56	0.5	0.35		-0.19	-0.14	0.53	0.3	-0.44	0.09	0.7	0.57	-0.52
Net Debt	-0.42	0.46	-0.46	0.07	0.4	0.35	0.15	-0.92	-0.63	0.72	0.45	0.06	0.44	0.48	0.09	0.1	-0.19		0.84	-0.48	-0.9	0.33	0.68	-0.31	-0.39	0.26
Non Current Assets Total	-0.48	0.67	-0.31	0.32	0.61	0.28	0.39	-0.86	-0.75	0.89	0.59	0.34	0.52	0.49	0.07	0.2	-0.14	0.84		-0.56	-0.85	0.53	0.4	-0.4	-0.43	0.48
Non Currrent Assets Other	0.17	-0.61	0.17	-0.15	-0.6	0.01	-0.27	0.53	0.49	-0.6	-0.6	-0.02	-0.2	-0.45	0.08	-0.21	0.53	-0.48	-0.56		0.56	-0.57	-0.14	0.42	0.17	-0.52
Cash And Short Term Investments	0.39	-0.69	0.21	-0.11	-0.68	-0.1	-0.19	0.99	0.66	-0.88	-0.72	-0.36	-0.27	-0.67	0.16	0.06	0.3	-0.9	-0.85	0.56		-0.58	-0.31	0.55	0.51	-0.52
Net Receivables	-0.41	0.97	0.32	0.63	0.94	-0.12	0.68	-0.53	-0.43	0.77	0.93	0.76	0.38	0.55	-0.4	-0.23	-0.44	0.33	0.53	-0.57	-0.58		-0.31	-0.74	-0.42	0.99
Non Current Liabilities Total	-0.04	-0.21	-0.71	-0.17	-0.3	0.62	-0.1	-0.4	-0.27	0.11	-0.23	-0.5	0.43	-0.09	0.46	0.3	0.09	0.68	0.4	-0.14	-0.31	-0.31		0.36	-0.09	-0.35
Other Stockholder Equity	0.73	-0.8	-0.32	-0.15	-0.86	0.41	-0.16	0.44	0.06	-0.63	-0.84	-0.56	0.09	-0.76	0.65	0.42	0.7	-0.31	-0.4	0.42	0.55	-0.74	0.36		0.5	-0.78
Property Plant And Equipment Gross	0.36	-0.54	0.09	0.05	-0.57	-0.04	-0.04	0.47	-0.09	-0.61	-0.6	-0.4	0.0	-0.52	0.45	0.55	0.57	-0.39	-0.43	0.17	0.51	-0.42	-0.09	0.5		-0.48
Total Current Assets	-0.46	0.96	0.33	0.58	0.95	-0.13	0.63	-0.45	-0.32	0.73	0.93	0.77	0.31	0.55	-0.45	-0.28	-0.52	0.26	0.48	-0.52	-0.52	0.99	-0.35	-0.78	-0.48

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Now Account Relationship Matchups

Now fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	108.8M	109.4M	110.5M	111.2M	108.4M	119.2M
Total Assets	1.6B	1.0B	1.1B	1.3B	1.5B	1.4B
Other Current Liab	86M	59M	92M	89M	84M	66.8M
Total Current Liabilities	396M	272M	369M	439M	418M	317.1M
Total Stockholder Equity	1.1B	699M	712M	842M	1.1B	1.0B
Other Liab	7M	6M	3M	5M	4.5M	5.3M
Accounts Payable	255M	172M	235M	304M	288M	223.7M
Cash	183M	387M	313M	212M	299M	205.2M
Good Will	245M	0.0	67M	116M	139M	183.1M
Inventory	465M	262M	250M	381M	366M	460.4M
Other Current Assets	18M	19M	49M	14M	26M	22.7M
Total Liab	447M	309M	392M	476M	466M	366.5M
Intangible Assets	144M	90M	9M	25M	28M	26.6M
Property Plant Equipment	106M	120M	98M	111M	136.9M	126.8M
Property Plant And Equipment Net	106M	120M	98M	111M	171M	137.8M
Current Deferred Revenue	19M	29M	34M	33M	28M	27.9M
Net Debt	(149M)	(362M)	(296M)	(174M)	(236M)	(224.2M)
Non Current Assets Total	524M	147M	221M	303M	461M	371.3M
Non Currrent Assets Other	10M	67M	48M	34M	42M	4.8M
Cash And Short Term Investments	183M	387M	313M	212M	299M	210M
Net Receivables	370M	198M	304M	398M	384M	357.1M
Liabilities And Stockholders Equity	1.6B	1.0B	1.1B	1.3B	1.5B	1.3B
Non Current Liabilities Total	140M	51M	37M	23M	48M	53.0M
Other Stockholder Equity	2.0B	2.1B	2.1B	2.1B	2.0B	2.2B
Property Plant And Equipment Gross	120M	98M	271M	286M	309M	184.3M
Total Current Assets	1.1B	861M	883M	1.0B	1.1B	960.3M
Accumulated Other Comprehensive Income	(143M)	(128M)	(145M)	(147M)	(150M)	(152.3M)
Short Term Debt	21M	22M	15M	13M	18M	28.1M
Net Tangible Assets	809M	699M	636M	701M	630.9M	672.4M
Retained Earnings	(775M)	(1.2B)	(1.2B)	(1.1B)	(828M)	(869.4M)
Retained Earnings Total Equity	(775M)	(1.2B)	(1.2B)	(1.1B)	(967.5M)	(1.0B)
Capital Surpluse	2.0B	2.1B	2.1B	2.1B	2.4B	2.2B
Short Long Term Debt Total	34M	25M	17M	38M	63M	78.9M

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Now Dividend Yield vs Income Quality Analysis

Dividend Yield vs Income Quality

Dividend Yield vs Income Quality Correlation Analysis

Correlation Coefficient

Dividend Yield

Income Quality

Now fundamental ratios Correlations

Now Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Now fundamental ratios Accounts

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COMMON DESTINATIONS

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Inventory	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.99	Net Receivables
Total Stockholder Equity	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Inventory	+ 0.97	Total Assets

Net Debt	- 0.92	Cash
Cash And Short Term Investments	- 0.9	Net Debt
Cash And Short Term Investments	- 0.88	Good Will
Non Current Assets Total	- 0.86	Cash
Other Stockholder Equity	- 0.86	Total Stockholder Equity
Cash And Short Term Investments	- 0.85	Non Current Assets Total